West Texas OilLong
Overall view on XTIUSD or crude oil - Update of June 24th week
Updated
The multiple failed breakouts on the support zone drove prices up to new highs. We are now close to a strong institutional level @60.000, while odds of a bull continuation remain high.
Possible targets: @60.000 (+2000pips or 2.00$ per barrel) and @63.000 (+5000pips or 5.00$ per barrel).
Advice: Stay bullish and buy at any low point while we don't break the @56.000 bottom level.
Possible targets: @60.000 (+2000pips or 2.00$ per barrel) and @63.000 (+5000pips or 5.00$ per barrel).
Advice: Stay bullish and buy at any low point while we don't break the @56.000 bottom level.
Trade closed: target reached
The @60.000 target level was reached. You can choose to close partially or totally your positions. Moreover there is a lot of momentum to settle at the resistance zone.
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